Business Finance

International Business Finance
Zircon, a US based parent, considers a project in which it will sell the use of its technology to firms in Argentina. It already has received orders from Argentinean firms that will generate 3 million Argentinean pesos (ARS) in revenue at the end of the next year. However, it might also receive a contract to provide this technology to the Argentinean government. In this case, it will generate a total of ARS 5,000,000 at the end of the next year. It will not know whether it will receive the government order unti... More